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funded by cbs >> it's friday welcome to "cbs this morning," everyone. i'm jeff glor with rebecca jar sis. charlie, gayle and norah are off. there are predictions but little progress in washington with a deadline for the fiscal cliff now just four days away. >> president obama meets later today with congressional leaders in one last effort to make a deal before the deadline. major garrett is at the white house. good morning. >> reporter: good morning, rebecca and jeff. in just a couple of hours at the white house the president meets with all the key congressional leaders, top democrats harry reid and nancy pelosi leading republicans mitch mcconnell and john boehner. no deal can be reached in past without their cooperation. with the meeting comes a glimmer of hope. in the past all the ifisical cliff talks meetings like this have been the least productive of all. whether he meant to or not the senate majority leader may have spoken for a nation exhausted by seemingly endless fiscal cliff negotiations. >> what's going on here? >> reporter: what indeed. president obam
following some troubling developments in hilldale, utah, where warren jeffs is still considered a prophet. the town's only major grocery store has shut down and his followers are being told the world will end by monday. gary tuchman investigates just ahead. >>> tonight, new concerns warren jeffs may be planning something dire from his prison cell. we have been following the saga of jeffs for years now. from his fugitive days to his conviction. jeffs remains a revered figure among his followers in the flds church even though he's serving a life sentence for actually assaulting two underage girls. now the closing of a grocery store in a town on the utah/arizona border has authorities on high alert. jeffs' followers are being told the world will end no later than this coming monday, december 31st. with the store now closed, what other preparations might they be making? at and what potential cost to themselves? gary tuchman went to hilldale, utah, looking for some answers. >> reporter: it is warren jeffs' birthday. the imprisoned prophet of the flds church. in the neighboring twin cities of c
developments in utah where warren jeffs is still considered a prophet. the store's only major grocery store has shut down and his followers are being told the world will end by monday. gary tuchman investigates just ahead. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. >>> tonight, new concerns warren jeffs may be planning something dire from his prison cell. we have followed him for years. from his fugitive days to his conviction. jeffs remains a revered figure m among his followers in the church. he remains a revered figures among his followers, even though he's serving a life sentence for sexually assaulting two underaged girls. now, the closing of a grocery store on the utah border has authorities on high alert. jeffs followsers are being told that the world will end no later than this sunday. with the store now closed, what other preparations might they be making, and at what cost to themselves? gary tuchman went to utah looking for answers. >> it's warren jeffs' birthday, the imprisoned pr
in utah, where warren jeffs is still considered a praophet. authorities' concerns are growing. gary tuchman investigates just ahead. e'd wait for her forever, for any reason, and would always be there with the biggest welcome home. for a love this strong, dawn only feeds him iams. compared to other leading brands, it has 50% more animal protein. ...to help keep rocky's body as strong as a love that never fades... if he ever lets her leave again. iams. keep love strong. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! [ male announcer ] yes, it is. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. >>
workers. you can probably guess number one. we have the list. and he is never rude, jeff flock is looking at what it means for your paycheck as we go over this cleft. jeff: take a look at all of these people right here. they are on the line with employers, small businesses, all around the country right now. big story coming up will be come back. and lots of answers. ♪ dagen: it is time to reflect on all you have accomplished. congress is the most unproductive session since the late 1940s. president obama has signed 290 bills passed by congress this year. this compares to 383 bills passed last year. his approval rating currently stands at a nice round that 18% according to politics average. from the youth list to the downright e'en, a survey from airfare revealed that flyers found -- nearly 25% of the vote. united airlines coming in second with 21% and followed by alta and u.s. airways. the social network suspending its new year's eve messaging tool. it allowed them to read the messages of private users. diane, a big raise. >> that is right. we are watching netflix shares very closely. t
numbers. on the technical side abigail doolittle, equity strategist and jeff kilberg, our founder and ceo at kkm financial. good to see you both. welcome. abigail, you've been bearish on apple for a while. does it mean you like nokia instead? tell us what you think. >> apple continues to look very bearish to me. it's trading in a confirmed double top. this pattern has been confirmed for more than a week now. it's careying a target of 353 so apple could actually tumble another 30% from here. supporting that double top, the fact that it's a very reliable pattern once confirm. a recent death cross suggests that the selling momentum has increased. plus, there are unfilled caps, gaps, down near 331 and 431, excuse me and 386. overall i think that app continues to look very strong on the downside target. nokia, on the other hand, is trading on the inverse of that entire pattern setup. trading in a confirmed double bottom this. pattern has been confirmed for almost a month now. the target is 515 so 30% potential upside from current levels. nice golden cross. plus, there's an unfilled gap at 5. s
. senator jeff merkley, a democrat from oregon is trying to change that. he's got a proposal to force talking filibusters in the senate. it wouldn't change what i think is a central part in the senate, the 60-vote super majority, but it would make the filibuster into something that the minority had to put some effort into using. you have to want it. now, so i want to be clear on merkley's proposal. if it passed, the minority could still filibuster anything they wanted. they couldn't subject almost everything to the same 60-society challenge we have now. all they would have to do is talk. tell the american people why. and they probably wouldn't even have to do that that much, because the majority can't just let them talk all the time, they have to let them get stuff done. but even that modest reform is too much for many senators. "the huffington post" reports that a bipartisan group of lawmakers led by herman cain and levin are proposing a counter proposal that does even less. it would eliminate some redundant opportunities to filibuster. give quicker consideration to some nominations,
about that on talking numbers. it's carter worth and jeff tomasulo. gentlemen, good to see you and hear you i hope as well. carter, what do you think? you still with b of a? do you like hp as a darling for next year? what do you think? >> no. stick with b of a. if these are stable companies and if you can get one at its business trough low, you profit off its low. but that's only in effect if a business isn't being made obsolete. that's the issue with something like a hewlett-packard. it's not just catching a cord and twine company at its low which then becomes the new winner the following year. or the financial in the case of b of a last year. we would not step in and apply the dog of the dow theory here and apply it. >> but jeff, you don't like b of a do you? >> no. and i'm going to agree with carter. stay away from hpq. b of a is up 108%. now, the smart money is going to rotate out of bank of america and look to go into the stronger fundamental stocks in that sector like a jpmorgan. right now bank of america is trading at 12 times, jpmorgan at 8 times future earnings. wait. jpmorgan
in congressman jeff flake, republican from arizona, and soon-to-be senator in just a few days. good morning. thanks for joining us. >> thanks for having me on. >> i don't need to tell you, time is quickly running out. how optimistic are you or pessimistic about a deal before midnight? >> you know, about 50/50 right now. i obviously would like to see a deal that would avoid the cliff, but it depends upon the content. i think the worst thing we can do is turn off the sequester or the automatic spending cuts. the real cliff will come if we fail to deal with our debt and deficit. we just can't do that. >> that -- >> i don't like the content of the sequester. i do think it inordinately hits defense but that is something we can negotiate once we get into the new year. but to turn off those cuts would be just a frank admission we can't cut spending ever. i think the markets will respond very negatively to that and as well they should. >> you've also said republicans are resigned to seeing some sort of income tax hike. i wonder what is acceptable to you. we've heard 400,000, we've heard 450,000. is
. jeff merkley is right after this. ah, i'm good. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. >>> all right, we're talking about the latest in the fiscal cliff or we should say, fiscal curb drama in washington. i want to talk to you, jamelle, about where, maybe, the democratses are coming from others. we were talking about this in the last segment about how the game changes on january 1st. if there's no deal and inaction, there's a lot of leverage it would seem that president obama would have. all the bush era tax rates go away. polls suggest republicans will be blamed more than democrats with if we go over the curb so to speak. is there a real incentive here for democrats to say, let's just not make a deal today? >> i think the only incentives for democrats not to make a deal, to wait for us to go over the curb, to wait for us to repeal the bush tax cuts or moving i
issue like that, can take care of a child. definitely on their own. >> reporter: as evidence, jeff points to this 2010 police video where lynn was charged with disorderly conduct. but lynn says it was an isolated incident after a night out. >> i had too much to drink and i apologized to the court when i was taken to court. that's not a reflection on me as a mother. i wasn't drunk and in charge of my child. >> reporter: it is a classic he said/she said. >> i believe he set me up. >> reporter: lynn accuses jeff of unwanted controlling behavior including a plot to get her deported. >> he told the police on me, on the 24th of december, christmas eve, and i was removed from the house. i was taken to jail. >> reporter: something jeff denies. >> how could i get her deported? how is that even possible? >> reporter: telling a totally different story. >> i woke up with her standing over me with a knife. >> reporter: so why would the supreme court get involved? there is a treaty called the hague convention that says a child in the middle of an international custody battle goes to the country
at the beginning of a senate they adopt the rules and they can by a majority of rules. i want to bring in jeff merkley. senator, good morning. you are not trying to scrap the filibuster. tell me what your goal is in the reforms that you have proposed. >> yes. we're trying to make the filibuster actually work the way it was intended. that is, that folks have to make their case known before their colleagues, before the american public. that they can't simply obstruct, use a filibuster, the silent filibuster we have now to obstruct bills and kill bills in the middle of the night. so clearing the path to the floor enhances debate. getting things to conference committee certainly doesn't subtract from debate and moves the process forward. the talking filibuster says that if you're going to obstruct or say there should be more debate, you have to make your case and the public can weigh in on whether you're a hero or a bum. >> if a cable news viewer has woken up early and they're saying, why am i watching these people talk about how they're going to run their meetings? what are the substantive takes
on fire. there have been no injuries reported but it is leaving the automaker with a black eye. jeff flock in chicago with the details you need to know. jeff: level vehicle has caught fire in a couple cases. at least a dozen fires, ford a skate and ford fusion, the focus, not so much the vehicle but the engine, the 1.6 ego boost engine. most of the recalls have been of the escape. that is a huge car for ford, and they unveiled it at the l.a. auto show. it is the second best seller of any car, the ford f-series truck, sold 20,000 escapes last month that 73,000 have been recalled. here is the scary part. it is an important engine but in addition to if your hot engine llght comes on, you pull over and get out of the vehicle the scary part for the company is they do not have a fix for of this. they're giving anyone who brings their car in for the recall a freeloader but at this point they do not know what the problem is. ford stock down today and gm's stock down on reports of bigger inventories of the gm trucks than they thought so not a good day for the automakers but a particularly bad day f
in this economy on the vital few, the jeff bezoses, steve jobs, fred smiths of fedex. those are top earners people willing to take a risk on a new idea and on a new company that improves our lives and employs this. why would republicans vote for something that takes aim at the most productive? it would not be good for the economy. again it would be a very large tags increase precisely because the top earners pay vast majority of federal revenues. ashley: talking about the voters, people of this country, there is some interesting messages. we have president obama reelected. but then republicans hang onto the house. what kind of message does that send to the law makers? >> i think that sends a very clear message that the voters basically said we want divided government. we'll let president obama have a second term but we want the republicans who control the house and that's where tax, tax legislation originates, to basically hold the line on taxes. so i feel like the elector rate made it clear that republicans you're job to protect us from economy-strangling tags increases. this is very quick path f
appointment. so now some democrats led by oregon senator jeff americaly are saying it's time to reform the senate rules themselves when the new congress convenes next month, they want to stop filibuster abuse by actually making senators talk on the senate floor when they want to filibuster. now, that didn't sit well with republican minority leader mitch mcconnell. >> what the majority leader is saying is he will break the rules of the senate in order to change the rules of the senate. i implore members on both sides to oppose this naked power grap grab strenuously and loudly. >> democrats can change the filibuster rules to prevent abuse of power when the new congress is sworn in. 48 democratic senators are on board with the rule change. but why is it so hard for democrats to summon these last few remaining votes? let's ask the man himself, the man leading the charge, oregon senator jeff americaly. thanks for being here. >> thank you. it's great to be here. >> you've got this plan, you've got a lot of senators on board. what exactly would your plan do and why would it deal with this gri
there are fundamental lives at stake. when we filed this case, chris and sandy and jeff and paul had been together for ten years. now they have been together for almost 12, over 13 years. chris and sandy's twin boys were just entering high school. when this case is heard, they will be getting ready to graduate from high school. their moms deserve the same freedom to marry just as everyone else has in this country. >> isn't it true that when we had this in the court in the ninth in the appellate level, nobody came forward because nobody could come up with what you call a justification, some compelling reason. just chat on that point. you raised it. there's no compelling reason against giving the rights to people, the right to marriage. >> that's exactly right, chris. it's important to note in both of these cases, the united states government has refused to defend doma, the federal law that's now before this court, and when we filed the case right here in california, as one has to do, we sued the governor at the time, which was arnold schwarzenegger and our attorney general at the time, which was je
and sandy and jeff and paul had been together 10 years and now almost 12 years. chris and sandy's twin boys were just entering high school. when this case is heard, they'll be getting ready to graduate from high school. their moms deserve the same freedom to marry just as everyone else has in this country. >> isn't it true when we had this in the court at the appellate forward nobody came forward because nobody could come up with a justification, compelling reason. you raised it. there's no compelling reason against giving the right to people the right to marriage. >> that's exactly right. important to note in both of these cases, the united states government has refused to defend doma, the federal law before this court. when we filed the case in california, as one has to do, we sued the governor at the time, arnold schwarzenegger and our attorney general at the time, jerry brown, the current governor. both responded by refusing to defend the case and ultimately joined our signed the case and said it was fundamentally and unconstitutional law and they weren't going to defend it. the judge i
next. jeff glor in for scott pelley tonight. >> remember, the latest news and weather are always on cbssf.com. captions by: caption colorado comments@captioncolorado.com >> glor: tonight, new doubts that a fiscal cliff deal can get done. the senate majority leader compares the house speaker to a dictator as the house says it will reconvene sunday. will they get back to talks? reports from nancy cordes and major garrett. we're also facing a dairy cliff. john blackstone on why milk may soon double in price. the drilling boom in colorado it's leaving towns flush with cash but what is it leaving behind? ben tracy is there. and dean reynolds on the men who create some of the most precious gifts. all retirees? >> all retirees. and they all get paid the same. >> reporter: nothing. >> nothing. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> glor: good evening, everyone.
in every new car. by september of 2014. jeff flock is in chicago with more. reporter: actually, we are rolling down the highway of chicago right now. looking for action as we take a live look outside the vehicles. this is an example of the obama administration on being able to get something passed through congress. they are going to spur congress and try to require the black boxes in every new vehicle. before you get set, there are multiple sides to the story. the insurance companies and the automakers -- the transportation department and the safety folks as well as law enforcement, they all like this idea. because believe it or not, when we get into auto crashes, we somehow misreport often what happened. we said we weren't going as fast as we were. we may say that we had her foot on the break when in fact we didn't. a lot of these groups think this is a good idea. of course, privacy advocates do not like it. they are concerned about what the government might do with the data, perhaps using it to track movement. that is not what these data recorders do right now. multiple sides to
, go to axiron.com. >>> let's bring back our panel. jeff, that tribute video hillary clinton and i know we're going to get hilary 2016 stories. they with will churn out as soon as the president names whoever he names to replace her. she seemed almost energized by it. >> how could she not. this is the celebration of her long life. not an easy one her public life. she's ending at a high point here. 2013 is going to be filled for, at least people in our business a lot of chatter about what she's going to do or not going to do. i believe she doesn't know. let her take a break. >> that i buy. yes people around her will put together the operation. >> just watching that it reminds you with john mccain on tape like that, it is really -- she would be a powerful force. >> it's a reminder that we might get clinton-bush the sequel. at the end of the day, right? who else do the republicans have? who would make a better transitional leader from 20th century. the guy who is married to a mexican-american. >> i'm an enormous fan of jeb bush. i think he would be fantastic. his son george p. is exploring
term for president barack obama. senator jeff murphy will join us to explain why before the senate does anything, it has to reform the fill la buster. and we will look at this debate that has been prompted by the movie "zero dark 30" with professor, author, and emmy award winner. all that starts in just three minutes.
." hi carol. >> caller: hi. mitt romney's way of talking is so warren jeffs. >> warren jeffs? >> caller: that weird kind of -- it is so warren jeffs. my comment was about boehner and mcconnell. their negotiating style is really lame and retarded. >> stephanie: oh well, that's probably not a word we should use. >> caller: they're just tired. they need to be retired. that's all. >> stephanie: yes i get it. all right. okay. not -- [ buzzer ] conservatives have no choice but to give in to white house demands. fiscal debate is to move to the main goal which is destroying the social safety net. according to several republicans yesterday on the sunday shows. there is a growing group of folks who are realizing we don't have a lot of cards. about corker. he's a cork. that one. tom cole said some of our people think we dig in and hold strong, we can stop it. that's just not the case. >> computer says yes. >> stephanie: now you're getting it. in my view, he said we all agree. we won't raise taxes on people who
. >> reporter: it's a classic he said, she said. >> i believe he set me up. >> reporter: lynn accuses jeff of unwant eed controlling behavior. >> he called the police on me on christmas eve and i was removed from the house. i was taken to jail. >> reporter: something he denies. >> how could i get her deported? how is that possible? >> reporter: telling a totally different story. >> i woke up with her standing over me with a knife. >> reporter: why would the supreme court get involved? there's a treaty called the hague convention that says a child in the middle of a custody battle goes to the habitual resident. >> what is the ordinary, regular home of this little girl? >> reporter: and what is it? >> scotland. >> reporter: the federal court agreed that's where she belonged. but jeff's lawyer argues the judge got it wrong. the question is whether lynn intended to stay in the u.s. with her family. >> the phrase miscarriage of justice comes to mind. >> reporter: but the main issue for the supreme court is if jeffs can appeal the decision now that she's out of the country. you've got to have th
.5%. those are some of the day's major stories. now, back to jeff. >> brown: george washington famously described the senate as "the saucer that cools the tea," a body designed to soothe "hot" legislation that emerged from the house of representatives. but as congressional correspondent kwame holman reports, some senators have gotten pretty steamed over a proposed change to how their chamber operates. >> holman: a sign of the holiday season-- the u.s. capitol christmas tree arrived in washington on monday. but behind the festive scene outside, there was a partisan war raging inside on the floor of the senate. the combatants-- democratic majority leader harry reid and republican minority leader mitch mcconnell. >> americans believe congress is broken. once again, the only ones who disagree are mitch mcconnell and the republican party. >> i've never said the senate's working fine. i think the senate's been disastrously run for the last two years. >> the american people know, democrats and republicans, that this place isn't working and there needs to be some changes so that we can proceed
's the important thing to understand. what har ray reid and especially younger senators, people like jeff merkley from oregon, are proposing to restore the filibust filibuster. it's a very simple proposal. they it want to bring back the filibuster as it existed in "mr. smith goes to washington." they want it it to be like jimmy stewart where they had to go to the floor and stand on your principles. now, unfortunately, the filibuster is usually used secretly behind closed doors to stop debate to prevent us from even having a vote. that has nothing to do with what americans understand as a filibuster and there is simply no reason to allow the abuses to continue. >> well, it means that if they were to filibuster, they have to go to the floor and do as you say, "mr. smith goes to washington," and talk endlessly until some conclusion. what do the changes mean for democratic bills, you think? >> it could mean a lot, because many of the bills that democrats have proposed have majority support. they can win in the senate. the problem is they can't get to the 6 o votes that would be required to break a fi
what i was going to say. no winners, really, in this case. jeff toobin, thank you. a faculty member among those killed. where the murder took place and the weapon believed to be used all coming back when "360" continues. ! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! ♪ a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. those surprising little still make you take notice.e. there are a million reasons why. but your erectile dysfunction that could be a question of blood flow. cialis for daily use helps you be ready
resolution to the case like this. >> exactly what i was going to say. no winners, really, in this case. jeff toobin, thank you. >> it's a real sad story. >> more on it of course, we will keep following it. >>> also, a deadly attack on a college campus. a faculty member among those killed. where the murder took place and the weapon believed to be used all coming back when "360" continues. ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of e
trust. >> versus one term tea party type jeff landry. >> we are the conservative candidate in this race, we're out there looking for people who are interested in sending conservative leadership to washington. >> without objection, the gentleman recognized for one minute. >> they are victims of a political version of the game of musical chairs. redistricting forced two sitting congressmen to compete for one seat. neither reached the 50% mark november 6, so state law sends them into a runoff, and that sends third district louisianans to the polls again this week. >> enough is enough. >> they voted identically 92% of the time in more than 1500 recorded votes. now they are locked in a nasty second round election fight. >> if we don't get rid of those people who fail to solve the problems and continue to kick the can down the road we're going to go nowhere in this country. >> the candidates and outside groups spent a combined $6 million so far, the costliest house race in louisiana. >> mr. landry did go negative early. we had to defend our voting record.
, but at the end of the day there are fundamental lives at stake. when we filed this case chris and sandy and jeff and paul had been together for ten years. now they have been foth for almost 12, over 13 years. chris and sandy's twin boys were just entering high school. when this case is heard, they will be getting ready to graduate from high school. their moms deserve the same freedom to marry just as everyone else has in this country. and in this country we don't deny a certain portion of our citizens a fundamental right. we just don't. it's not american. >> isn't it true that when we had this in the court in the ninth in the appellate level, nobody came forward because nobody could come up with what you call a justification, some compelling reason. just chat on that point. you raised it. there's no compelling reason against giving the rights to people, the right to marriage. >> that's exactly right, chris. it's important to note in both of these cases, the united states government has refused to defend doma, the federal law that's now before this court, and when we filed the case right here in
facebook page. y'all will like the next one, look that the quote from jeff clark, what the mayans couldn't do in thousands of years both houses of congress are doing. let me tell everybody, the world will not end if we go over the fiscal cliff. i don't want you to feel that watch doesn't mean there aren't serious concerns for a lot of people involved. a couple more here from facebook this one says they need a reality check in how the 98% really lives. that's from felicia persaud on facebook. one more here the people express third desire for ending the bush tax cuts and ending these last-minute confrontations in congress. this debate is continuing. martin, i will tell you, we are getting a lot of messages across all platforms, tweeting with you-all at joshlevscnn, also facebook joshlevscnn. send us an ireport, video if you want to, we might share some of this right here, one way of getting your message out to the country and to lawmakers in these final hours before the end of the year, which could bring with it some big, big, big financial changes for all of us. >> absolutely, josh, hope
. eugene, of those 219 bills, a whole pile of them were things like renaming post offices. jeff flight told me this morning this was a huge embarrassment. where could we go from here? >> i have no idea. it would be nice to go somewhere. but we're nowhere. you know, we talk about gridlock and divided government. and, in the past, there are people who divide a government that's good. when we have this sort of political gridlock, we get things done. that is no longer true. as a matter of fact, you have to be pessimistic. you see us lurching from cliff to cliff. if you see us getting passed this one, how can you be convinced we're actually passed it. there's going to be a debt ceiling coming up, there's going to be a fight over the sequester, at some point, when that is supposed to kick back in. this is no way to run a railroad. and it's certainly no way to run the united states of america. >> is there any reason to believe, ryan, it will be any different i.? that will be more democrats in the 113th congress? is it going to make any difference? >> the one thing that could make a difference is i
. >> but jeff rejeffrey, as you ke president is talking about these bush tax cuts that were supposed to be so devastating to the economy and was going to cause, you know, deficits to explode for decades to come. the president has endorsed 98%, 99% of those tax cuts. >> i hear you. >> so it can't even be that. this goes back, though, let's think back when we talked about this in realtime in 2010, republicans won midterms. and so the president and the republicans came together. they decided they were going to extend the bush tax cuts for two more years, extend unemployment benefits. they had no offsets, they had no cuts. so in the same week simpson-bowles came out talking about saving $4 trillion, $5 trillion over the next decade, you had congress coming back in a lame-duck session, adding an additional $1 trillion in a week. >> absolutely. and both sides went along with it. >> all right. dr. sachs, thanks. you all right there? joe, thank you. go back to work. i'm sorry to interrupt the project there. >> actually, i've got to go out and talk to my people. >> clutching the debt clock in the feta
be at camp saying it is a good price. exxonmobil refinery near chicago jeff? >> and a note anything that has made more money than oil but look what is happening right now look at the volume of this is what the debate has done to the volume. money is on the sidelines when million contracts per day with west texas intermediate. contrasts that through last month. only happen million traded last month per day. then yesterday only 75,000 contracts. today we may be back around 175,000 contracts but "this is it." because of volatility we have had a conflict overseas i talked to some traders to said they missed it because they don't want to be in the market right now with the uncertainty according to phil flynn. lori: the basic fundamentals tracy: stay warm. washington is frozen. not just the nonexistent this coal talks but is leaving the washington d.c. the leadership in the lurch. and why could going up over the cliff the bullish? check out the winners and losers overall. ♪ >> we will get the market check with the deep sell-off with the nicole petallides at the new york stock exchange replica of
does it make it seem like con are gres gress is irrelevant. jeff sessions has repeatedly made the point and i want to play something for you that he said yesterday. >> we all know what the plan is, what the scheme is, the strategy is. it is to be meeting in secret and then plop down on the floor of the senate at the last hour, some sort of coerced agreement that all of the senators like lemmings are supposed to vote for. >> is that what is going on here? some coerced agreement that you're going to have to vote for? >> i wouldn't describe it as a coerced agreement. but you can't have 500 people in the room negotiating an agreement. so, yes, we have our leadership, they sit down with the president, they hammer out a deal, they come back to us. our opportunity for input in this process is with our leadership. we have caucuses multiple times each week. we express to our leaders, this is what we want to see. this is what we will support. we do not want to see action on this or be pressed on this. don't come back to us with a proposal on this. that's the way that we can influence the ultimate
to sexyliberal.com. >> stephanie: yea! >> my friend jeff says he will be your date to every ball. >> stephanie: he's so cute! okay. >> he's also barely out of his 20s. >> stephanie: whatever. i need elder care. okay. [ laughter ] >> stephanie: this is a cautionary tale from sexy liberal tour director roland. he tried fizz his white wine. it kind of explodes all over the kitchen. oh, stick to water. water goes in the soda stream. >> i don't think that's in the instructions. >> stephanie: oh dear, drunken experiments. >> wow it might be fun. i'll try it! >> flabbergasted. >> stephanie: that was not fun. wow. okay. so by the way i'm glad i'm not the only one that reacts to "meet the press." grover norquist. cnbc. grover said we need economic growth instead of higher taxes. reagan era taxation levels would promote growth which would pay down the debt. jim kramer got props. the clinton era rates which america will return to in january unless the fiscal cliff is resolved. it brought more revenues than a
they're taking it too seriously. jeff has tweeted in to say hope you and ross still have leftover twinkies. they are sure to survive the end of the world. that is for sure. we were stockpiling them just in case. and ross will be back here tomorrow. thank you very much for tuning in. >>> good morning. among our top stories, nyse and euro next merger talks. the deal could be announced as early as today. >>> fiscal cliff negotiations and brinkmanship, republicans set to vote today on extending tax cuts for those making ls
in with ginger for a last look at the weather. she has special guests. >> i do. jeff strauss and we have mr. greggen iglesia from waterford crystal. important people on this night where millions of eyes will watch this ball drop. how do you do it smoothly? >> it's been amazing pip look forward to this day all year long. we're set, ready to go. this ball, at 6:00 p.m. will go up the flag pole. you'll hear the cheers. we'll all be counting down at midnight. >> we hear about the tests for the confetti. how is that going to be organize straited. >> weest theed for the first time with our new hosts. we fluff and then we throw. the midnight confetti, it has people's wishes. it comes from all over the world. you reach out to the sky and grab a piece of confetti, you're grabbing somebody's wish. >> a beautiful thought. now, reagan, you're with waterford. we talked about a little bit about the theme. it's different every year. this is not the same ball every time. >> we construct a quiltwork of designs. the design is let there be peace. there will be dooufd in the panels. we have courage and love an
at least. one here from jeff who says i resolve to invest in pets and pampering. petsmart people love pets and profit from it. that's true, actually. ac tweets to accomplish my 2012 resolutions. that's one where i think a lot of us would agree. if you want to join the conversation, send in your thoughts worldwide@cnbc.com. tweet us, @cnbcwex or tweet us individually. >>> the senate in the race against the clock as lawmakers try to solve the fiscal cliff impasse ahead of tonight's deadlines. >>> china ends the year as a sign of manufacturing growth as manufacturing activity hits itself fastest pace in 12 months. german, japanese and hong kong stocks are leading the way today. here is a look at today's other top stories. congress may be able to avoid the so-called dairy cliff. the house and senate agriculture committees are set to temporarily extend the u.s. farm bill. the move would keep a long dormant milk subsidy from coming back to life when the current farm bill expires today. the usda would be forced to buy milk well above what price they currently buy. we should do a chart comparing m
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